Date and Entity

Disclosure Date: November 12, 2026

Key Event and Approval

The Stakeholders' Relationship Committee of Delhivery Limited approved the allotment on Thursday, November 12, 2026.

Details of Allotment

A total of 4,25,822 equity shares of face value Re. 1/- each, fully paid up, were allotted. The breakdown by Employee Stock Option Plan (ESOP) is as follows:

  • 2,42,290 equity shares under Delhivery Employee Stock Option Plan, 2012 (ESOP 2012)
  • 1,00,000 equity shares under Delhivery Employee Stock Option Plan II, 2020 (ESOP II 2020)
  • 42,500 equity shares under Delhivery Employee Stock Option Plan III, 2020 (ESOP III 2020)
  • 41,032 equity shares under Delhivery Employee Stock Option Plan IV, 2021 (ESOP IV 2021)

The newly allotted shares will rank pari-passu with the existing equity shares of the company.

Capital Structure Impact

Consequent to this allotment, the paid-up share capital of the company increased from ₹74,95,22,485 to ₹74,99,48,307.

Pricing and Monetary Realization

The exercise prices for the options were:

  • ESOP 2012: 5,000 Options @ Re. 0.1/-, 2,23,750 Options @ Re. 1/-, 13,540 Options @ Rs. 29.85/-
  • ESOP II 2020: 1,00,000 Options @ Re. 0.1/-
  • ESOP III 2020: 42,500 Options @ Re. 0.1/-
  • ESOP IV 2021: 41,032 Options @ Re. 1/-

The total money realized from the exercise of these options was Rs. 6,83,701.00.

Earnings Per Share Impact

The issuance of shares results in a diluted earnings per share (EPS) of Re. 0.87/-. This calculation is based on the earnings reported by the company for Q2 FY27.

Regulatory and Scheme Compliance

The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The options had vested as per the schedule determined by the Nomination and Remuneration Committee. The terms of the grant include provisions for scenarios like death, resignation, or termination, and adjustments for corporate actions like bonus issues or mergers. The allotted shares are not subject to any lock-in period.

Additional Information

There were no lapsed options or variations of terms reported in this instance (N.A.).

This disclosure will be hosted on the company's website at www.delhivery.com.